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(Solved): Metro Bulb lac, uses a perpetual inventory system. The conpany's beginning inventory of a particula ...
Metro Bulb lac, uses a perpetual inventory system. The conpany's beginning inventory of a particular poduct and its purchases during the month of January were as follows: Oa January 28, Metro Bulb sells 16 anits of this product. The other 14 units remain in inventary at Jamary 31. Refer to above data. Assuming that Metro Bulb uses the average cost flow assumption, the cost of goods sold to be recorded at january 28 is: \( \$ 205 \). \( \$ 213 \). \( \$ 198 \). Some other amount.